Arts Media and Entertainment Institute Inc
Nonprofit profile at a glance
- EIN
- 880905470
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Woodland Hills, CA, USA
- Phone
- 6197430519
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $504,599
- Expenses
- $569,380
- Assets
- $35,021
- Liabilities
- $88,297
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Ashley Adams (Executive Director)
Highest reported compensation
- Ashley Adams (Executive Director): $85,469 total reported compensation
- Jack Mitchell (Director (through July)): $7,600 total reported compensation
- Gayle Nicholls-Ali (Treasurer): $4,425 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Arts Media and Entertainment Institute equips educators with the tools and training they need to empower the next generation of our creative workforce. All students, and particularly those furthest from opportunity, will have the access and preparation needed to succeed in the creative workforce of today and tomorrow.
What it reported doing in 2024
In-Person Events - AME Institute hosted the Bay Area Pop-Up and the Burbank Institute during the 2024 tax year. Burbank had 468 total registrations, 58 creative industry partners contributed to event programming and the event reached 129 schools. Bay Area Pop-Up had 190 total registrations, 22 creative industry partners contributed to event programming and the event reached 48 schools. AME Institute Hosted Bootcamps for software learning and certification and the event reached 121 educators.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 77
- Sustainability: 10
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 75.2%; rating input score 75
- Fundraising efficiency: $17.88 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -12.8%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 2.52; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 23.1% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -75.5% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 84.9% of revenue deployed · 75.2% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $428K in reported program spending
- Leadership: top reported pay $85K · 8 people listed
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 14/100.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 18/100.